New Jersey establishes state health exchange under new law
TRENTON, N.J. (AP) — New Jersey Gov. Phil Murphy signed into law a bill establishing a state-based health care marketplace.
Murphy signed the legislation on Friday in a private ceremony.
Under current law, New Jersey uses a federal exchange, or marketplace, letting people shop for and enroll in coverage under the Affordable Care Act.
The new law establishes the state’s own exchange. Murphy, a Democrat, said the law also gives the state more control over open enrollment as well as giving the state access to data that it can use to regulate the market. He says it was necessary to protect against Trump administration “sabotage” of the law also known as Obamacare.
Lawmakers estimate participation in Medicaid under the Affordable Care Act increased by 36 percent or nearly 500,000 people over nearly four years.